The complete guide to spend management and payments automation for educational institutions helps schools, academies, and institutions streamline global and local accounts payable, and employee and travel spend management.
Teachers - more is being asked of them in the same amount of time available and the only loser is the student. International trips are a gift that shouldn't cause a headache for any participant. Finance leaders in educational institutions that are being asked to ‘deliver more with less’, are looking at transformational changes they can make to their payments and spend management. Simple steps are moving the dial:
Parents - With a child living overseas, the last thing you need to worry about is transferring money to them. Yet, understandably, the exchange and transfer of funds abroad always feels like a risk. Caxton Cards and International payments are reducing parents exposure to currency fluctuations and simplifying the cost of funding an overseas education.
The school trip – a formative time in a young person's life and education – safely travelling away from home whether it be to the next county or country - the permission slips are signed the fees are paid, the bags are packed, and the mind is ready to participate - that’s the experience of the students! Teachers are madly crossing off checklists. Has everyone received the list of things to bring, are the behaviour guidelines clear, are the chaperones ready. Is accommodation paid. How much cash will I need to carry.
Let's pause right there. We wouldn’t use cash on a family or personal trip so why are schools still expecting Teachers to carry cash? Moving to an automated prepaid expense card system takes the stress out of cash for teachers and they can focus on the learning outcomes for students, instead of the administration of the trip.
Parents - with a child living overseas, the last thing you need to worry about is transferring money to them. Yet, understandably, the exchange and transfer of funds abroad always feels like a risk. Our world-class team will work with you, to ensure you avoid paying less than you have compared to the banks. With no hidden fees and charges, we'll help you to avoid wasting money.
Caxton is providing the tools for transformational finance leaders in education to take administration off the plates of teaching staff so they can focus on student outcomes. Read how these businesses have applied our tools to ensure they deliver the very best experience to their students.
Good compliance with expenses in your education organisation starts with a clear business expenses policy. Download this comprehensive 7-page expense policy template suitable for your education business - all ready for you to edit in MS Word and get the basics in place for clear policies and procedures covering all areas of expense management.
Just because you don’t yet work with us, doesn’t mean we don’t have something to offer your education payments transformation process – no matter where you are on the journey we have people and content designed to help you take the next best step for your institution.
Caxton, the original fintech payments company, are transforming payments operations in schools, academies and institutions, every day. Our expert teams live and breath the education industry and understand first hand the issues facing education administration leaders as they transform legacy payments process in an effort to give teachers more time teaching than on admin.
We work one to one with education finance and procurement teams to adapt our payments platform to your institution's specific requirements. We have strong ties into schools, academies and universities across the country, transforming payments, and modernising outdated payments process.
With 20 years experience, underpinned by the expertise of a strong (and growing!) team, we stand tall as a leading UK payment solutions company. Today, hundreds of thousands of organisations trust us to deliver their financial transactions – both domestically and internationally - last year alone Caxton processed 8.6 million payments.
With no obligation and plenty to take away and action from an info session - can you afford not to investigate?
Optimise your payments process. Say goodbye to missing receipts and time-consuming expense reports. Say yes to personal account management for international payments. Say yes to more resources for students. Say hello to 1000's of supplier payments made in minutes. And speaking of - in just 30 minutes, you'll know if this solution meets your needs. Set up your Caxton account online or speak to an expert today on 0207 201 0554.